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Malaysian tycoon’s $3B power asset sale draws 12 bids

Malaysian tycoon’s $3B power asset sale draws 12 bids

Malaysian tycoon Ananda Krishnan's sale of over $3 billion worth of power assets has attracted 12 initial bids with a final round of bidding expected by the end of March, the Star newspaper reported on Saturday, citing unidentified sources.

February 25, 2012 12:08
 
The Six Degrees of Sheikh Omar Bin Saqr Al Qassimi

The Six Degrees of Sheikh Omar Bin Saqr Al Qassimi

The CEO of RAK Airways just announced the re-launch of their passenger flights. But how can we connect him to a prominent Lebanese business tycoon through a Bollywood Diva?

September 27, 2010 4:28
 

Dubai tycoon steals for cars, yachts, and parties

Prosecutors say some investors are in jail after property tycoon pockets AED 900 million.

June 7, 2010 3:35